Image Source : aninews.in
Shivalic Power Control Ltd., a specialist in low and medium voltage electrical panels, has bagged a fresh ₹4.02 crore order for the supply of Low Tension (LT) panels, further strengthening its order pipeline in the infrastructure and real estate sectors. The order, awarded by a reputed domestic client, is expected to be executed by Q3 FY26, and adds to a string of recent wins that have boosted investor confidence.
This latest contract follows earlier orders from CBG and Mahagun, totaling ₹2.31 crore, and reflects Shivalic’s growing traction in the smart panel and power distribution board space. The company’s FY24 performance saw a 24.4% YoY revenue growth to ₹102.18 crore, with net profit rising 55.5% to ₹11.21 crore, underscoring operational efficiency and demand resilience.
Shivalic’s stock has been volatile but remains in focus due to its strong order inflow, low debt, and expansion into smart grid-ready solutions.
Key Highlights:
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Order value: ₹4.02 crore for LT panels
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Client: Reputed domestic buyer (undisclosed)
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Execution timeline: By Q3 FY26
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Recent wins: ₹2.31 Cr from CBG & Mahagun
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FY24 financials: ₹102.18 Cr revenue; ₹11.21 Cr PAT
Source: Business Standard
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